BRIEF-SBM Offshore Q1 Revenue At $742 Mln

May 11 (Reuters) - SBM Offshore NV SBMO.AS:

• SBM OFFSHORE Q1 2023 TRADING UPDATE

• FULL YEAR 2023 REVENUE AND EBITDA GUIDANCE ON TRACK

• CASH DIVIDEND OF US$1.10 PER ORDINARY SHARE APPROVED, 10% YEAR-ON-YEAR INCREASE AND REPRESENTING C. 7% YIELD

• DESPITE VARIOUS REMAINING CHALLENGES RELATED TO COVID-19 PANDEMIC, SUPPLY CHAIN CONSTRAINTS AND GENERAL INFLATION, OVERALL MARGIN ON FPSO PROJECTS UNDER CONSTRUCTION REMAINS ROBUST AT PORTFOLIO LEVEL

• YEAR-TO-DATE DIRECTIONAL REVENUE OF US$742 MILLION, IN LINE WITH EXPECTATION

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